Multifamily

2304 W Garfield Blvd

2304 W Garfield Blvd, Chicago, IL 60609

Listing Price: $350,000

Cap Rate
9.64%
Number of Units
6
GRM
5.72
Occupancy
94.00%
Price/Unit
$58,333
Price/Gross SF
$66.04
Gross SF
5,300

Investment Overview

Marcus & Millichap is pleased to present this multifamily opportunity in the Gage Park neighborhood of Chicago, Illinois. Each property consist of six apartments and five on-site parking spaces. The apartments are an excellent mix of one and two bedrooms, have hardwood floors, and the kitchens and baths are vintage with minor updates. The subject property is steps from Chicago Transit Authority's (CTA) 55 bus stop, a four-minute drive to CTAs Western Orange Line train stop, and a short drive to I-90.

Investment Highlights

  • Great Unit Mix of One-Bedroom and Two-Bedroom Units
  • 10 On-Site Parking Spaces
  • Prime Location Along Garfield Boulevard
  • Steps from Multiple CTA Bus Stops
  • One Mile from the Western Orange Line Station

Exclusively Listed By

  • Kyle A. Stengle

    Senior Vice President Investments

    Email Kyle

    License(s): IL: 475.138461

    Chicago Downtown

  • Jack Stanton

    Associate

    (312) 327-5463

    Email Jack

    License(s): IL: 475.184051

    Chicago Downtown

Listing Price: $350,000

Cap Rate
9.64%
Number of Units
6
GRM
5.72
Occupancy
94.00%
Price/Unit
$58,333
Price/Gross SF
$66.04
Gross SF
5,300

Investment Highlights

  • Great Unit Mix of One-Bedroom and Two-Bedroom Units
  • 10 On-Site Parking Spaces
  • Prime Location Along Garfield Boulevard
  • Steps from Multiple CTA Bus Stops
  • One Mile from the Western Orange Line Station

Investment Overview

Marcus & Millichap is pleased to present this multifamily opportunity in the Gage Park neighborhood of Chicago, Illinois. Each property consist of six apartments and five on-site parking spaces. The apartments are an excellent mix of one and two bedrooms, have hardwood floors, and the kitchens and baths are vintage with minor updates. The subject property is steps from Chicago Transit Authority's (CTA) 55 bus stop, a four-minute drive to CTAs Western Orange Line train stop, and a short drive to I-90.

Exclusively Listed By

  • Kyle A. Stengle

    Senior Vice President Investments

    Email Kyle

    License(s): IL: 475.138461

    Chicago Downtown

  • Jack Stanton

    Associate

    (312) 327-5463

    Email Jack

    License(s): IL: 475.184051

    Chicago Downtown

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